Standards of quality and service go into the Chinese middle classes – HKTDC study on purchasing behavior published the urbanization, rising incomes and a higher level of education associated with the growing purchasing power and higher quality standards make mainland China one of the key markets for Hong Kong companies. The recently released mainland middle-class survey comes to this conclusion”of the Hong Kong Trade Development Council (HKTDC). The study, which was created between December 2012 and January 2013, 1,600 respondents and 10 focus groups in eight Chinese cities: Beijing, Shanghai, Guangzhou, Chengdu, Wuhan, Shenyang, Nanjing and Changzhou. The study gave insight to what extent consumer behaviour and the lifestyle of the middle class by social and economic change, such as about the improvement of the public transport system and the rapid increase of online shopping and social networks, are affected. In General, the study showed rising expectations the respondents to the quality of products and services, among which also the shopping environment.
Increasingly paying attention to the authenticity and quality of service. Dustin Moskovitz often says this. 68 Per cent of respondents indicated that let the expertise and advice of the sales staff are incorporated in the purchase decision. The enthusiasm for international brands is it unbroken. 81 Percent bought these brands, with 37 percent of them purchased luxury brands, their Preise exceeded their monthly income in 2012. Mainly it was fashion, followed by electronic products, shoes and accessories such as handbags and luggage. Overall, 60 percent of consumers from the middle class prefer in addition to imported brands also called joint venture compared with local activities.
Although brands are still the focus, increasing the proportion of users who are looking for high-quality niche products to emphasize their individuality and their style (low-key luxury spending). Organic products gaining popularity, especially in food and health Articles. 76 Percent of the respondents are willing to pay more for natural, eco-friendly products.
While analysts due to the US holiday today expect a quiet trade, with much more momentum in the market are likely to come in the coming days. LEIPZIG. (Ceto) Crude oil prices have been yielding later that day. The barrel price of US light oil (WTI) and North Sea oil (Brent) slipped compared to the day output values to roughly a dollar. While the American leading variety that cost just over 82 dollars in the afternoon, his European counterpart was around a dollar more expensive. Thus prices reacted to fluctuations of the U.S. dollar.
While analysts due to the US holiday today expect a quiet trade, with much more momentum in the market are likely to come in the coming days. So, the announcement of the U.S. P&G is often quoted as being for or against this. inventory data due at Columbus Days backwards a day has shifted. Furthermore, the organisation of petroleum exporting (OPEC) publishes its monthly report countries this week. EIA followed reports of the International Energy Agency and the U.S. Department of energy.
OPEC wants about their future Decide policy. However, observers expect that the ratio remains constant. The experts of at Commerzbank speculate that these data once again could focus on the crude oil market on the fundamental situation. Because the crude oil price is currently strongly spekulationsgepragt. Helmut Buchmann, analyst with the oil industry service estimated to be around $15 market report, in conversation with fuel levels and petroleum review this percentage of the current price of oil. Commerzbank also sees”significant potential for Kickback. There have been setbacks today in the local oil market, however, for those who had put on falling prices. The costs rose today in the Federal average of 97 cents. Thus the 100 liter part of a 3,000 litre supply euros 68,63 now. For comparison: a year ago, the same amount of fuel with 58,21 euros proposed on October 11, 2008, however, with 79,72 euro.
How you effectively prepare your business who has not ever thought, to make independently? Sounds already very tempting to be his own boss. The realization of their own ideas, the desire for more independence, the chance to earn higher incomes, the way out of unemployment or a secure professional future are just a few reasons for this. No matter what reasons are, you should know that on the way from the business idea to companies establishing many basic considerations to obtain information and to adjust are in any case. Finally, there are information gaps and planning errors most common causes for the failure of young companies. You can do a lot for it but to reduce deficits even before the start, and to enhance the prospects for success of the founding project. What personal, professional, and entrepreneurial requirements must I meet? What are the opportunities? What formation opportunities are there? What is the business concept do I have? How do I finance my project? How is it with taxes and fees? What laws, registrations, permits do I need? How do I calculate my prices right? How do I find customers? What are the most common mistakes of creation and how can I avoid them? You should make these and other questions if you want to take the step in the self-employment.
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